71 Morton Bay

Property Overview: 71 Morton Bay, River West Park, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 71 Morton Bay presents a compelling case as a well-established, above-average property in Winnipeg's River West Park neighborhood. Its primary appeal lies in its standout position within its immediate streetscape. The home boasts a generous 1,770 sqft of living space and a large 9,013 sqft lot, both ranking in the top 5-7% on Morton Bay itself. With an assessed value of $532,000—the highest on the street—it signals a premium offering compared to its direct neighbors. Built in 1974, it is typical for the street but slightly older than many homes in the wider River West Park area.

The property suits buyers looking for a spacious, settled home in a mature neighborhood who value room to breathe. It’s ideal for someone prioritizing lot size and interior space over a newer build. The data suggests it’s a leading property on its block, potentially offering more privacy and yard space than nearby homes, making it a strong fit for families or those who enjoy gardening and outdoor living. A thoughtful perspective is that while the home is a standout on its street, it sits in a more average position within the broader neighborhood, indicating a location that is established and stable rather than rapidly transforming.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The property last sold between $400,000-$450,000 in June 2020. Its current assessed value of $532,000 is significantly higher, placing it in the top 2% of homes on Morton Bay for assessed value. For exact historical sale prices, a manual lookup can be requested.

2. Is the lot size unusually large?
Yes. The 9,013 sqft lot is notably larger than averages for the street (6,455 sqft), neighborhood (8,086 sqft), and city-wide (6,570 sqft), ranking in the top 8% in Winnipeg. This is one of the home's most distinctive features.

3. How does the living space compare to nearby homes?
At 1,770 sqft, the living area is above average for both the street and city-wide, but is around the typical size for the River West Park neighborhood. It offers more space than most direct neighbors but is not an outlier in the broader community.

4. The home was built in 1974. Is that older than others in the area?
On Morton Bay street, 1974 is the average build year. However, within the larger River West Park neighborhood, this build date is slightly below average, as many area homes were built after 1976.

5. What does the assessed value ranking mean for property taxes?
Having the highest assessed value on the street (top 2%) generally means this property will have correspondingly higher property taxes compared to its immediate neighbors, as taxes are based on this assessment.